BELGIAN-BBKUE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BELGIAN-BBKUE
Largest movements
- Receivables within one year +€14,002
up €14,002 (+851%), from €1,646 to €15,649
of which Trade receivables: +€13,580
- Tangible fixed assets -€11,386
down €11,386 (-40.9%), from €27,833 to €16,447
of which Furniture and vehicles: -€10,469
- Cash -€6,686
down €6,686 (-24.2%), from €27,616 to €20,930
mainly Receivables within one year (-€14,002) and Net result for the year (-€11,402)
- Deferred charges and accrued income +€4,475
up €4,475 (+50.2%), from €8,914 to €13,389
- Trade debts +€15,619
up €15,619 (+68.1%), from €22,945 to €38,564
- Profit (loss) carried forward -€11,402
down €11,402, from €1,003 to -€10,399
- Other debts -€6,440
down €6,440 (-17.3%), from €37,175 to €30,735
- Tax, wage and social debts +€2,629
up €2,629 (+30.5%), from €8,625 to €11,254
of which Remuneration and social security: +€2,060
- Staff costs +€28,962
up €28,962 (+26.5%), from €109,185 to €138,146
- Financial charges +€28,250
up €28,250 (+77.6%), from €36,384 to €64,635
- Gross operating margin +€20,433
up €20,433 (+10.9%), from €187,466 to €207,899
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,749 | €72,154 | +€405 | +0.6% |
| Fixed assets | 21/28 | €30,033 | €18,647 | -€11,386 | -37.9% |
| Tangible fixed assets | 22/27 | €27,833 | €16,447 | -€11,386 | -40.9% |
| Plant, machinery and equipment | 23 | €5,531 | €4,614 | -€916 | -16.6% |
| Furniture and vehicles | 24 | €22,302 | €11,833 | -€10,469 | -46.9% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €41,716 | €53,507 | +€11,791 | +28.3% |
| Stocks and contracts in progress | 3 | €3,540 | €3,540 | = | 0.0% |
| Stocks | 30/36 | €3,540 | €3,540 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,646 | €15,649 | +€14,002 | +851% |
| Trade receivables | 40 | €1,646 | €15,226 | +€13,580 | +825% |
| Other amounts receivable | 41 | - | €423 | +€423 | |
| Cash at bank and in hand | 54/58 | €27,616 | €20,930 | -€6,686 | -24.2% |
| Deferred charges and accrued income | 490/1 | €8,914 | €13,389 | +€4,475 | +50.2% |
| Total equity and liabilities | 10/49 | €71,749 | €72,154 | +€405 | +0.6% |
| Equity | 10/15 | €3,003 | -€8,399 | -€11,402 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,003 | -€10,399 | -€11,402 | |
| Amounts payable | 17/49 | €68,746 | €80,554 | +€11,807 | +17.2% |
| Amounts payable within one year | 42/48 | €68,746 | €80,554 | +€11,807 | +17.2% |
| Trade debts | 44 | €22,945 | €38,564 | +€15,619 | +68.1% |
| Suppliers | 440/4 | €22,945 | €38,564 | +€15,619 | +68.1% |
| Taxes, remuneration and social security | 45 | €8,625 | €11,254 | +€2,629 | +30.5% |
| Taxes | 450/3 | €2,529 | €3,098 | +€569 | +22.5% |
| Remuneration and social security | 454/9 | €6,096 | €8,156 | +€2,060 | +33.8% |
| Other amounts payable | 47/48 | €37,175 | €30,735 | -€6,440 | -17.3% |
| Remuneration, social security and pensions | 62 | €109,185 | €138,146 | +€28,962 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,560 | €13,427 | -€133 | -1.0% |
| Other operating charges | 640/8 | €3,579 | €2,414 | -€1,165 | -32.6% |
| Non-recurring operating charges | 66A | - | €315 | +€315 | |
| Gross operating margin | 9900 | €187,466 | €207,899 | +€20,433 | +10.9% |
| Operating profit (loss) | 9901 | €61,143 | €53,597 | -€7,545 | -12.3% |
| Financial income | 75/76B | €0 | €67 | +€67 | +83,938% |
| Recurring financial income | 75 | €0 | €67 | +€67 | +83,938% |
| Financial charges | 65/66B | €36,384 | €64,635 | +€28,250 | +77.6% |
| Recurring financial charges | 65 | €36,384 | €64,635 | +€28,250 | +77.6% |
| Profit (loss) for the period before taxes | 9903 | €24,758 | -€10,970 | -€35,729 | |
| Income taxes | 67/77 | €1,317 | €432 | -€885 | -67.2% |
| Profit (loss) for the period | 9904 | €23,441 | -€11,402 | -€34,844 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,441 | -€11,402 | -€34,844 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.